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Match your broker’s symbol specification

The app works out each robot's lots and stop loss for a standard symbol. If your broker's gold, index or crypto symbol is set up differently, tell the app in Specification so the robot you download trades the right size.

Plan: a plan that includes the Prop Firm Robots App.

Check your broker's specification

  1. In MetaTrader, right-click the symbol in Market Watch and choose Specification.
  2. Note Digits (the number of decimals in the price) and Contract size (how much one lot is, for example 100 ounces of gold).

Set it in the app

  1. Pick the symbol in Symbol. For gold, silver, indices and crypto the Specification button flashes briefly as a reminder.
  2. Click Specification.

XAUUSD picked in Symbol, and the Specification button on the right

  1. Under Default you see what the app uses, for example XAUUSD: Digits 2, contract size 100. If your broker shows the same, you are done: click Cancel.
  2. If not, under Custom choose your broker's Contract size and Digits.
  3. Optionally choose the name your broker uses in Symbol (for example Gold). This only renames the robot and its file.
  4. Click Accept. The Specification button turns blue with a filled gear while a custom specification is saved for that symbol.

The Specification dialog for XAUUSD: the default digits and contract size, and the Custom Digits and Contract size boxes

What it changes

  • Contract size changes the robot's entry lots (trade size) so a trade risks the same money. Example: the card shows 0.05 lots of gold at 100 ounces a lot; with a contract size of 10 the robot trades 0.50 lots.
  • Digits changes the robot's stop loss and take profit so they stay the same price distance.

Good to know

  • The cards don't change. Only the file you download gets the new lots, stop loss and take profit.
  • Most forex brokers use the default (5 digits, 3 for yen pairs, 100,000 a lot), so forex pairs rarely need a change.
  • A name with an ending such as XAUUSD.pro doesn't matter: the robot trades the chart you attach it to.
  • The setting is kept per symbol in this browser. Click Reset, then Accept, to go back to the default.
  • After a change, backtest the robot in MetaTrader and check its lots and stop loss look right before you trade it.
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